Tag: social security taxes

30Oct

0 comments on “Michigan Retiree: Get a Bigger Tax Refund”

Michigan Retiree: Get a Bigger Tax Refund

Posted by Bryan Haggard CFP®, CFAon October 30, 2019October 30, 2019in Retirement PlanningLeave a comment

Anyone who does their own taxes has been there before. The moment you input all of your taxes, hit the submit button, and close your eyes and hope that you don’t owe money. Taxes are pretty simple. Have enough withheld…

21Jun

0 comments on “Taxes on Social Security in Michigan”

Taxes on Social Security in Michigan

Posted by Bryan Haggard CFP®, CFAon June 21, 2019September 27, 2019in Tax PlanningLeave a comment

If you earned $50,000 per year in a 35-year career, you would have paid around $110,000 in social security taxes. Also, let’s not forget that your employer would have paid the same amount of taxes on your behalf, which means…

Bryan Haggard CFP®, CFA is the founder and CEO of RetireMitten Financial, LLC. RetireMitten is a fee-only financial planning firm located in Milford, Michigan that specializes in helping families live a stress-free retirement.

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